TABLE OF CONTENTS VOLUME-I

TABLE OF CONTENTS SUBJECT PAGES VOLUME-I Table of Contents i-ii Certificate of the Comptroller and Auditor General of India iii-v Guide to Finance Accounts vii-xi 1. Statement of Financial Position 1-2 2. Statement of Receipts and Disbursements 3-4 3. Statement of Receipts in Consolidated Fund 5-7 4. Statement of Expenditure in Consolidated Fund 8-12 o By function and nature Notes to Accounts 13-25 Appendix I: Cash Balances and Investments of Cash Balances 28-30 VOLUME-II PART-I : SUMMARISED STATEMENTS 5. Statement of Progressive Capital Expenditure 33-38 6. Statement of Borrowings and other Liabilities 39-42 7. Statement of Loans and Advances made by the Government 43-44 8. Statement of Grants-in-aid given by the Government 45 9. Statement of Guarantees given by the Government 46-49 10. Statement of Voted and Charged Expenditure 50 PART-II : DETAILED STATEMENTS 11. Detailed Statement of Revenue and Capital Receipts by minor heads 52-91 12. Detailed Statement of Revenue Expenditure by minor heads 92-131 13. Detailed Statement of Capital Expenditure 132-248 14. Detailed Statement of Investments of the Government 249-280 15. Detailed Statement of Borrowings and other Liabilities 281-292 16. Detailed Statement on Loans and Advances made by the Government 293-312 17. Detailed Statement on Sources and Application of funds 313-317 for expenditure other than on revenue account 18. Detailed Statement on Contingency Fund and other 318-327 Public Account transactions 19. Detailed Statement on Investments of Earmarked Funds 328-330

ii TABLE OF CONTENTS- concld. SUBJECT PAGES PART III: APPENDICES II. Comparative Expenditure on Salary 332-337 III. Comparative Expenditure on Subsidy 338-339 IV. Grants-in-aid (Scheme wise and Institution wise) 340-350 V. Details of Externally Aided Projects 351-357 VI A. Plan Scheme Expenditure 358-360 VI B. State Plan Schemes 361 VII. Direct transfer of Central Scheme funds to implementing agencies 362-363 VIII. Summary of Balances 364-366 IX. Financial results of Irrigation Works 367 X. Statement of Commitments on Incomplete Public Works contracts 368 as on 31 March 2013 XI. Statement of items for which allocation of balances as a result of 369-370 re-organisation of States has not been finalised XII. Statement of Maintenance expenditure of State 371-381 XIII. Statement on Implications of major policy decisions during the year on 382-384 New Schemes proposed in the Budget for the future Cash Flows

iii Certificate of the Comptroller and Auditor General of India This compilation containing the Finance Accounts of the Government of Madhya Pradesh for the year ending 31 st March, 2013 presents the financial position along with accounts of the receipts and disbursements of the Government for the year. These accounts are presented in two volumes, Volume I contains the consolidated position of the state of finances and Volume-II depicts the accounts in detail. The Appropriation Accounts of the Government for the year for Grants and Charged Appropriations are presented in a separate compilation. The Finance Accounts have been prepared under my supervision in accordance with the requirements of the Comptroller and Auditor General s (Duties, Powers and Conditions of Service) Act, 1971 and have been compiled from the vouchers, challans and initial and subsidiary accounts rendered by the treasuries, offices, and departments responsible for the keeping of such accounts functioning under the control of the Government of Madhya Pradesh and the statements received from the Reserve Bank of India. Statements (No.7, 9, 14 and 16) and Appendix (V, IX and X) in this compilation have been prepared directly from the information received from the Government of Madhya Pradesh/ Corporations/Companies/ Societies who are responsible to ensure the correctness of such information. The treasuries, offices, and/or departments functioning under the control of the Government of Madhya Pradesh are primarily responsible for preparation and correctness of the initial and subsidiary accounts as well as ensuring the regularity of transactions in accordance with the applicable laws, standards, rules and regulations relating to such accounts and transactions. I am responsible for preparation and submission of Annual Accounts to the State Legislature. My responsibility for the preparation of accounts is discharged through the office of the Principal Accountant General (A&E). The audit of these accounts is independently conducted through the office of the Principal Accountant General (General and Social Sector Audit) in accordance with the requirements of Articles 149 and 151 of the Constitution of India and the Comptroller and Auditor General s (Duties, Powers and Conditions of Service) Act, 1971, for expressing an opinion on these Accounts based on the results of such audit. These offices are independent organizations with distinct cadres, separate reporting lines and management structure.

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v The audit was conducted in accordance with the Auditing Standards generally accepted in India. These Standards require that we plan and perform the audit to obtain reasonable assurance that the accounts are free from material misstatement. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. On the basis of the information and explanations that my officers required and have obtained, and according to the best of my information as a result of test audit of the accounts and on consideration of explanations given, I certify that, to the best of my knowledge and belief, the Finance Accounts read with the explanatory Notes to Accounts give a true and fair view of the financial position, and the receipts and disbursements of the Government of Madhya Pradesh for the year 2012-13. Points of interest arising from study of these accounts as well as test audit conducted during the year or earlier years are contained in my Reports on the Government of Madhya Pradesh being presented separately for the year ended 31 st March, 2013. Date: Place: New Delhi (SHASHI KANT SHARMA) Comptroller and Auditor General of India

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vii GUIDE TO FINANCE ACCOUNTS A. BROAD OVERVIEW OF THE STRUCTURE OF GOVERNMENT ACCOUNTS 1. The Accounts of the Government are kept in three parts: Part I: The Consolidated Fund: All Receipts and Expenditure on Revenue and Capital Account, Public Debt and Loans & Advances form the Consolidated Fund of the State Part II: The Contingency Fund: Legislature may by law establish a Contingency Fund which is in the nature of an imprest. The Fund is placed at the disposal of the Governor to enable advances to be made for meeting unforeseen expenditure pending authorisation of such expenditure by the State Legislature. The Fund is recouped by debiting the expenditure to the concerned functional major head in the Consolidated Fund of the State. Part III: The Public Account: All other public moneys received by or on behalf of the Government are credited to the Public Account. The expenditure out of this account is not subject to the vote of the Legislature. In respect of the receipts into this account, the Government acts as a banker or trustee. Transactions relating to Debt (other than public debt in Part I), Deposits, Advances, Reserve Funds, Remittances and Suspense form the Public Account. C A.1.1 Pictorial representation of Structure of Government Accounts Structure of Government Accounts Government Accounts Consolidated Fund Contingency Fund Public Account Revenue Receipts Capital, Public Debt, Loans etc. Receipts Small Savings, Provident Fund etc. Deposits and Advances, Reserve Funds, Suspense and Misc. and Remittances, Cash Balance Expenditure Tax, Non-Tax Grants-in-Aid Expenditure General Services, Social Services, Economic Services, Grants-in-Aid General Services, Social Services Economic Services, Public Debt, Loans and Advances Inter-State Settlement, Appropriation to Contingency Fund

viii 2. Divisions, Sections, Sectors etc. The two main divisions of the Accounts in the Consolidated Fund are, as depicted in A.1.1 on previous page, Revenue' and Capital, Public Debt, Loans etc. which are divided into sections Receipts and Expenditure. Within each of the Divisions and Sections of the Consolidated Fund the transactions on the expenditure side are grouped into Sectors such as, "General Services", "Social Services", and "Economic Services", under which specific functions or services shall be grouped. The Sectors are sub-divided into sub sectors/major heads of account. Major heads correspond to functions and are further divided into sub major heads (sub functions) and minor heads (Programmes) which are depicted in Volume-II of the Finance Accounts. The classification below minor heads of account i.e. sub heads (schemes) and detailed and object heads (objects of expenditure) are not depicted in the Finance Accounts (minor exceptions exist), though some details are included in the appendices. B. WHAT DO THE STATEMENTS CONTAIN The Finance Accounts have been divided into two volumes. Volume 1 presents the financial statements of the Government in the form of commonly understood summarised form while the details are presented in Volume II. Volume I contains the Certificate of the Comptroller and Auditor General of India, four summary statements as given below and Notes to Accounts including accounting policy. 1. Statement of Financial Position: Cumulative figures of assets and liabilities of the Government, as they stand at the end of the year, are depicted in the statement. The assets are largely financial assets with the figures for progressive capital expenditure denoting physical assets of the Government. Assets, as per the accounting policy, are depicted at historical cost. 2. Statement of Receipts and Disbursements: This is a summarised statement showing all receipts and disbursements of the Government during the year in all the three parts in which Government account is kept, namely, the consolidated Fund, contingency Fund and Public Account. Further within the consolidated fund, receipts and expenditure on revenue and capital account are depicted distinctly. The fiscal parameters of the Government, i.e. the primary, revenue and fiscal deficit are calculated on the operations of the Consolidated Fund of the State. Hence the following two statements give the operations of the consolidated fund in a summarised form. 3. Statement of Receipts in Consolidated Fund: This statement comprises revenue and capital receipts and receipts from borrowings of the Government consisting of loans from the GOI, other institutions, market loans raised by the Government and recoveries on account of loans and advances made by the Government. 4. Statement of Expenditure in Consolidated Fund: This statement not only gives expenditure by function (activity) but also summarises expenditure by nature of activity (objects of expenditure).

ix In addition, the volume comprises an Appendix, Appendix-1, giving details of Cash Balances and Investments of Cash Balances. Volume-II comprises three parts. Part-I contains six statements as given below: 5. Statement of Progressive Capital Expenditure: This statement details progressive capital expenditure by functions, the aggregate of which is depicted in statement No.-1. 6. Statement of Borrowings and other Liabilities: Borrowings of the Government comprise market loans raised by it (Internal debt) and Loans and Advances received from the GOI. Both these together form the Public debt of the State Government. In addition, this summary statement depicts Other liabilities which are the balances under various sectors in the Public Account. In respect of the latter, the Government acts as a trustee or custodian of the Funds, hence these constitute liabilities of the Government. The statement also contains a note on service of debt, i.e. a note on the quantum of net interest charges met from revenue receipts. 7. Statement of Loans and Advances made by the Government: The Loans and Advances given by the State Government are depicted in statement No.1 and recoveries, disbursements feature in statements No.2, 3 and 4. Here, loans and advances are summarized sector and loanee group wise. This is followed by a note on the recoveries in arrear in respect of loans, the details of which are maintained by the AG office and details of which are maintained by the State departments. 8. Statement of Grants-in-Aid given by the Government, organized by grantee institutions group wise. It includes detail on grants given in kind and kind being Capital Assets in nature also. 9. Statement of Guarantees given by the Government: Guarantees given by the State Government for repayment of loans, etc. raised by Statutory Corporations, Government Companies, Local Bodies and Other institutions during the year and sums guaranteed outstanding as at the end of the year are presented in this statement. 10. Statement of Voted and Charged Expenditure: This statement presents details of voted and charged expenditure of the Government. Part-II - Volume-II: This part contains 9 statements presenting details of transactions by minor head corresponding to statements in Volume-I and part-i of Volume-II. 11. Detailed Statement of Revenue and Capital Receipts by minor heads: This statement presents the revenue and capital receipts of the Government in detail. 12. Detailed Statement of Revenue Expenditure by minor heads: This statement presents the details of revenue expenditure of the Government in detail. Non-Plan and Plan figures are depicted separately and a comparison with the figures for the previous year are available. 13 Detailed Statement of Capital Expenditure: This statement presents the details of capital expenditure of the Government in detail. Non-Plan and Plan figures are

x depicted separately and a comparison with the figures for the previous year are available. Cumulative capital expenditure upto the end of the year is also depicted. 14. Detailed Statement of Investments of the Government: The position of Government Investment in the share capital and debentures of different concerns is depicted in this statement for the current and previous year. Details include type of shares held, face value, dividend received etc. 15 Detailed Statement of Borrowings and other Liabilities: Details of borrowings (Market loans raised by the Government and Loans etc. from GOI) by minor heads, the maturity and repayment profile of all loans is provided in this statement. This is the detailed statement corresponding to statement No.6 in Part-I Volume-II. 16 Detailed Statement on Loans and Advances made by the Government: The details of loans and advances given by the Government, the changes in loan balances, loans written off, interest received on loans etc. is presented in this statement. It also presents plan loans separately. This is the detailed statement corresponding to statement No.7 in Part-I Volume-II. 17 Detailed Statement on Sources and Application of funds for expenditure other than on revenue account: The capital and other expenditure (other than on revenue account and the sources of Funds for the expenditure) are depicted in this statement. 18 Detailed Statement on Contingency Fund and other Public Account transactions: The statement shows changes in contingency Fund during the year, the appropriations to the Fund, expenditure, amount recouped etc. It also depicts the transactions in Public Account in detail. 19. Detailed Statement on Investments of Earmarked Funds: This statement shows the details of investment out of Reserve Funds in Public Account. PART-III-Volume-II contains appendices on salaries, subsidies, grants-in-aid scheme wise and institution wise, details of externally aided projects, scheme wise expenditure in respect of major Central schemes and State Plan schemes, Direct transfer of Central Scheme funds to implementing agencies, Summary of Balances, Financial results of Irrigation Works, Statement of Commitments on Incomplete Public Works contracts as on 31 March 2013, Statement of items for which allocation of balances as a result of re-organisation of States has not been finalised, Statement of Maintenance expenditure of State and Statement on Implications of major policy decisions during the year on New Schemes proposed in the Budget for the future Cash Flows. These details are present in the accounts at sub head level or below (i.e. below minor head levels) and so are not depicted in the Finance accounts. For a detail list please refer to the index in volume-i or II. The Statements read with the appendices give a complete picture of the state of finances prevailing in the State Government.

xi C. READY RECKONER For a quick reference to what the statements contain, please refer to the table below. The summary and detail statement in respect of the important parameters is depicted below. The numbers of appendices depicted below are not exhaustive: Parameter Summary Statements (Volume-I & II) Detailed Statements (Volume-II) Appendices Revenue Receipts (incl. Grants received) 2, 3 11 - Revenue Expenditure 2, 4 12 II (Salary), III (Subsidy) Grants-In-Aid given by the Government 2 8 IV Capital receipts 2, 3 11 - Capital expenditure 1, 2, 4, 5 13, 17 - Loans and Advances made by the Government 1, 2, 7 16, 17 - Debt Position/ Borrowings 1, 2, 6 15, 17 - Investments of the Government in Companies, Corporations etc. 1 14 - Cash 1, 2 - I, VIII Balances in Public Account and investments thereof 1, 2 17, 18, 19 VIII Guarantees - 9 - Schemes - - V (Externally Aided Projects), VI, VII D. PERIODICAL ADJUSTMENTS AND BOOK ADJUSTMENTS Certain transactions are in the nature of book adjustments and do not represent actual cash transaction, as mentioned below. The specific details are mentioned as Notes to Accounts and as footnotes in the relevant statements. (i) Adjustment of all deductions (GPF, recoveries of advances given etc.) from salaries by debiting functional major heads (department concerned) by book adjustment to revenue receipt (e.g. deductions other than GPF)/Public Account (e.g. GPF). (ii) Creation of Funds/adjustment of contribution to Funds in Public Account by debit to Consolidated Fund e.g. State Disaster Response Fund, Reserve Funds, Sinking Fund etc. (iii) Crediting of deposit heads of accounts in Public Account by debit to Consolidated Fund. (iv) Annual adjustment of interest on GPF and State Government Group Insurance Scheme where interest on General Provident Fund of State Government is adjusted by debiting 2049-Interest and crediting 8009-General Provident Fund. (v) Certain adjustments such as adjustment of Debt waiver scheme granted by the Government of India in accordance with the recommendation of Finance commission. It affects both revenue receipts and Public Debt heads where Central loans are written off by crediting 0075-Misc. General Services by contra entry in the Major Head 6004-Loans and Advances from the Central Government.

1 Cash (i) Cash in Treasuries and Local Remittances 1: STATEMENT OF FINANCIAL POSITION Assets 1 Reference (Sl. No.) As at 31 st Notes to Accounts Statement March, 2013 As at 31 st March, 2012 -- App.-I -- 2.61 (ii) Departmental Balances -- 18 1,32.24 2.48 (iii) Permanent Imprest -- 18 0.81 0.81 (iv) Cash Balance Investments -- 18 68,06.45 66,80.13 (v) Deposits with Reserve Bank of India -- App.- I (-) 2,62.75 2 6,92.55 2 (If credit balance include here with minus sign) (vi) Investments from Earmarked Funds 3 -- 19 3,98.06 3,97.30 Capital Expenditure (i)investments in shares of Companies, -- 14 1,46,56.50 1,31,83.59 Corporations etc. (ii) Other Capital Expenditure -- 5 7,37,96.16 6,37,33.62 Contingency Fund (un-recouped) -- - -- -- Loans and Advances -- 16 2,70,88.10 2,17,42.39 Advances with departmental officers -- 18 12.49 11.00 Suspense and Miscellaneous Balances 4 -- -- -- -- Remittance Balances -- -- -- -- Cumulative excess of expenditure over -- -- -- -- receipts 5 Total 12,26,28.06 10,64,46.48 1 2 3 4 5 The figures of assets and liabilities are cumulative figures. Please also see note 1 (ii) in the section Notes to Accounts. See footnote (B) & (C) on page 28 (Appendix-I) Investments out of earmarked funds in shares of companies etc are excluded under capital expenditure and included under "Investments from Earmarked Funds". In this statement the line item Suspense and Miscellaneous Balances does not include Cash Balance Investment Account, Departmental Balances and 'Permanent Imprest which are included separately above, though the latter forms part of this sector elsewhere in these Accounts. The cumulative excess of receipts over expenditure or expenditure over receipts is different from and not the fiscal/revenue deficit for the current year.

2 Borrowings (Public Debt) STATEMENT NO. 1-concld. Liabilities Reference(Sl. No.) As at 31 st Notes to Accounts Statement March, 2013 As at 31 st March, 2012 (i) Internal Debt -- 6 5,43,09.33 5,00,11.01 (ii) Loans and Advances from Central Government 1,22,67.81 1,13,58.91 Non-Plan Loans -- 6 50.17 53.87 Loans for State Plan Schemes -- 6 1,22,15.76 1,13,03.16 Loans for Central Plan Schemes -- 6 -- -- Loans for Centrally Sponsored Plan Schemes -- 6 -- -- Other Loans -- 6 1.88 1.88 Contingency Fund (corpus) 21 18 2,00.00 2,00.00 Liabilities on Public Account 2,51,57.72 2,16,30.38 (i) Small Savings, Provident Funds etc. -- 15 1,07,52.33 99,16.31 (ii) Deposits -- 18 76,49.77 73,00.27 (iii) Reserve Funds -- 19 55,87.16 35,67.37 (iv) Remittance Balances -- 18 10,80.65 6,80.38 (v) Suspense and Miscellaneous Balances Cumulative excess of receipts over expenditure -- 18 87.81 1,66.05 3,06,93.20 @# 2,32,46.18 @# Total 12,26,28.06 10,64,46.48 @ # Includes ` 9.19 crore relating to 2006-07 which pertains to Retirement of capital/disinvestment of co-operative Societies/Banks. Includes ` 3,29.66 crore relating to M.H.4000- Misc. Capital Receipts, 800-Other receipts which is deducted from Capital and Other Expenditure in Statement No.17.

3 2. STATEMENT OF RECEIPTS AND DISBURSEMENTS Receipts Disbursements 2012-13 2011-12 2012-13 2011-12 Part-I Consolidated Fund Section-A: Revenue Revenue Receipts 7,04,27.28 6,26,04.07 Revenue Expenditure 6,29,68.53 5,26,93.71 Tax revenue (raised 3,05,81.70 2,69,73.44 Salaries 1 1,49,94.85 1,31,34.63 by the State) Non-tax revenue Subsidies 1 56,97.41 29,26.27 Interest receipts 3,01.47 15,71.41 General services Grants-in-aid 2 1,44,70.52 3 1,31,20.07 3 Others 66,98.75 59,11.32 Interest Payment and 55,73.74 52,99.77 service of debt Total 70,00.22 74,82.73 Pension 49,46.79 43,88.91 Share of Union Taxes/Duties Grants from Central Government 2,08,05.16 1,82,19.13 Others 28,24.07 29,69.59 1,20,40.20 99,28.77 Compensation and assignment to Local Bodies and PRIs Total 1,33,44.60 1,26,58.27 Social services 57,86.26 43,59.51 Economic services 46,10.32 32,91.74 40,64.57 32,03.22 Revenue Deficit Revenue Surplus 74,58.75 99,10.36 Section-B: Capital Capital Receipts 31.45 22.65 Capital Expenditure 1,15,66.89 4,5 90,55.16 5 Recoveries of Loans and Advances Salaries 1 -- -- General Services 2,04.89 1,67.16 Social Services 16,20.99 15,99.11 Economic Services 97,41.01 72,88.89 32.53 91,22.56 Loans and Advances 53,78.25 1,57,60.56 disbursed General Services 44.68 2.00 Social Services 1,29.88 1,39.84 Economic Services 52,03.68 1,56,18.68 Others 0.01 0.04 Public debt receipts 87,91.16 67,50.25 Repayment of Public Debt 35,83.94 31,49.79 29,35.53 (c) 25,20.28 (d) Internal Debt 6 (market loans etc.) 72,33.85 (a) 57,17.65 (b) Internal Debt (market loans etc.) 1 Salary, Subsidy and Grants-in-Aid figures have been summed up across all sectors to present a consolidated figure. The expenditure in this statement under the sectors General, Social and Economic services does not include expenditure on salaries, subsidies and grants-inaid (explained in footnote 2). 2 Includes Grants-in-Aid given to statutory corporations, companies, autonomous bodies, local bodies etc. by the Government. These grants are distinct from line item Compensation and assignment to Local Bodies and PRIs. 3 Comprises the total of Minor heads 191, 192, 193, 196, 197, 198 and object head 42-Grants-in-aid excluding Major head 3604 compensation and assignment to Local Bodies and PRIs. 4 Includes ` 2,07.45 crore in sector Economic Services where as salary amount is 'nil' in General Services and Social Services, ` 0.43 crore does not include here as it pertains to Loan M.H. 6075-Loans for Miscellaneous General Services as shown in Appendix-II. 5 Includes ` 1,00.83 crore and ` 81.30 crore in 2011-12 and 2012-13 respectively, relating to Grants-in-aid. The matter regarding provision of GIA under capital heads has been communicated to the State Government. 6 Internal Debt includes receipt (a) ` 14,39.24 crore (b) ` 4,41.03 crore and disbursement (c) ` 7,14.26 crore (d) ` 6,08.21 crore relating to National Small Savings Fund (NSSF).

4 STATEMENT NO. 2 concld. Receipts Disbursements 2012-13 2011-12 2012-13 2011-12 Loans from GOI 15,57.31 10,32.60 Loans from GOI 6,48.41 6,29.51 Inter-State Settlement 9.14 2.65 Inter-State Settlement 7.02 3.70 -- -- -- Transfer to Contingency fund -- 1,00.00 Total Receipts Consolidated Fund Deficit in Consolidated Fund 7,92,91.56 7,85,02.18 42,13.07 22,60.74 Total Expenditure Consolidated Fund Surplus in Consolidated Fund Part II Contingency Fund 8,35,04.63 8,07,62.92 -- -- Contingency Fund -- 1,00.00 Contingency Fund -- -- Part III Public Account 7 Small savings 23,19.03 20,33.07 Small savings 14,81.96 13,35.10 Reserves and Sinking Funds 24,41.51 15,34.95 Reserves & Sinking Funds 4,22.48 3,61.38 Deposits 60,26.76 94,03.63 Deposits 56,77.26 86,21.86 Advances 4,74.71 4,67.97 Advances 4,76.19 4,66.12 Suspense and Misc. 22,59,09.53 24,16,95.75 Suspense and Misc. 8 22,62,58.75 23,91,80.73 Remittances 1,51,67.15 1,22,56.15 Remittances 1,47,66.89 1,18,65.16 Total Receipts Public Account Deficit in Public Account 25,23,38.69 26,73,91.52 -- -- Total Disbursements Public Account Surplus in Public Account 24,90,83.53 26,18,30.35 32,55.16 55,61.17 Opening Cash Balance 9 Closing Cash 6,95.16 (-) 27,05.27 Balance (-) 2,62.75 6,95.16 Increase in cash balance -- 34,00.43 Decrease in cash balance 9,57.91 -- 7 8 9 For details please refer to statement No. 18 in Volume-II. Suspense and Miscellaneous includes other accounts such as Cash Balance Investment account (Major Head 8673) etc. The figures may appear huge on account of these other accounts. Details may please be seen in Statement No.18 This amount is increased by ` 0.01 crore due to rounding and balancing the totals.

5 3. STATEMENT OF RECEIPTS IN CONSOLIDATED FUND (` in Crore) Description Actuals 2012-13 2011-12 I. TAX AND NON-TAX REVENUE A. Tax Revenue A.1 Own Tax Revenue 3,05,81.70 2,69,73.44 Land Revenue 4,43.59 2,79.05 Stamps and Registration fees 39,44.24 32,84.41 State Excise 50,78.06 43,16.49 Sales Tax 1,48,56.29 1,25,16.73 Taxes on goods and passengers 23,95.03 20,47.46 Taxes on Vehicles 15,31.25 13,57.12 Others 23,33.24 31,72.18 A.2 Share of net proceeds of Taxes 2,08,05.16 1,82,19.13 Corporation Tax 74,73.42 71,71.28 Taxes on Income other than Corporation Tax 44,74.21 36,42.69 Taxes on Wealth 12.62 27.68 Customs 34,57.34 31,58.90 Union Excise Duties 23,49.62 20,44.11 Service Tax 30,37.95 21,74.48 Other Taxes and Duties on Commodities and Services -- -0.01 (X) Total-A 5,13,86.86 4,51,92.57 B Non-tax Revenue Non-ferrous Mining and Metallurgical Industries 24,43.39 20,38.31 Interest receipts 3,01.47 15,71.41 Education, Sports, Art and Culture 16,82.50 15,51.15 Forestry and Wild Life 9,10.38 8,78.81 Power 3,70.69 4,55.95 Medium Irrigation 80.51 1,61.98 Miscellaneous General services 30.40 1,45.44 Other Administrative Services 2,39.15 1,06.05 Major Irrigation 57.22 1,01.18 Police 83.59 63.19 Public Works 33.22 47.92 Minor Irrigation 3,79.62 41.31 Dividends and Profits 18.38 37.99 (X) Please see footnote (X) on Page 56 (Statement No.11, Volume-II).

6 B C Non-tax Revenue STATEMENT NO. 3 contd. Description Actuals (` in Crore) 2012-13 2011-12 Medical and Public Health 44.83 30.16 Stationery and Printing 18.94 29.65 Other Social Services 32.07 29.58 Contributions and Recoveries towards Pension and Other Retirement Benefits 29.77 27.44 Crop Husbandry 25.53 20.52 Industries 24.08 19.20 Urban Development 41.61 15.43 Housing 16.33 15.43 Labour and Employment 16.37 14.32 Other General Economic Services 13.91 13.83 Water Supply and Sanitation 11.09 11.98 Co-operation 13.02 11.65 Other Rural Development Programmes 45.76 9.45 Roads and Bridges 5.98 7.44 Fisheries 3.25 5.05 Village and Small Industries 2.14 4.54 Social Security and Welfare 9.78 4.22 Animal Husbandry 2.46 3.67 Other Agricultural Programmes 2.59 3.25 Jails 3.67 2.90 Public Service Commission 5.80 1.84 Information and Publicity 0.21 0.38 Family Welfare 0.23 0.09 Food, Storage and Warehousing 0.27 0.01 Petroleum 0.01 0.01 Grants Grants-in-Aid from Central Government Total-B 70,00.22 74,82.73 (` in Crore) Non Plan Grants 3,32.93 21,13.47 Grants under the proviso to Article 275 (1) of the Constitution 2,72.84 20,83.74 Grants towards contribution to State Disaster Response Fund -- -- Other Grants 60.09 29.73 Grants for State/Union Territory Plan Schemes 70,99.43 42,15.28 Block Grants (of which EAP) 41,53.77 34,57.69 Grants under the proviso to Article 275 (1) of the Constitution 88.94 33.43 Grants as advance plan assistance for relief on account of Natural Calamities 3,24.76 --

7 STATEMENT NO. 3 concld. II. GRANTS FROM GOVERNMENT OF INDIA (` in Crore) Actuals Description 2012-13 2011-12 Other Grants 25,31.96 7,24.16 Grants for Central Plan Schemes 4,99.99 3,64.20 Grants for Centrally Sponsored Plan Schemes 41,07.85 32,35.82 Total-C 1,20,40.20 99,28.77 Total Revenue Receipts (A+B+C) 7,04,27.28 6,26,04.07 III CAPITAL, PUBLIC DEBT AND OTHER RECEIPTS D. Capital Receipts (` in Crore) Disinvestment proceeds 21.45 22.65 Others 10.00 -- E. Public Debt receipts Total-D 31.45 22.65 Internal Debt 72,33.85 57,17.65 Market Loans 45,00.00 40,00.00 Loans from Financial Institutions 12,94.61 12,76.62 Special Securities issued to National Small Savings Fund 14,39.24 4,41.03 Other Loans -- -- Loans and Advances from Central Government 15,57.31 10,32.60 Non-Plan Loans -- -- Loans for State Plan Schemes 15,57.31 10,32.60 Total-E 87,91.16 67,50.25 F. Loans and Advances by State Government (Recoveries) 1 32.53 91,22.56 G. Inter-State Settlement 9.14 2.65 Total Receipts in Consolidated Fund (A+B+C+D+E+F+G) 7,92,91.56 7,85,02.18 1 Details are in Statement 7 and 16 in Volume-II.

8 4. STATEMENT OF EXPENDITURE IN CONSOLIDATED FUND A. EXPENDITURE BY FUNCTION Description Revenue Capital L&A Total A General Services A.1 Organs of State 6,62.34 -- -- 6,62.34 Parliament/State/Union Territory Legislatures 48.33 -- -- 48.33 President, Vice President/Governor, Administrator of Union Territories 6.73 -- -- 6.73 Council of Ministers 70.17 -- -- 70.17 Administration of Justice 4,49.20 -- -- 4,49.20 Elections 87.91 -- -- 87.91 A.2 Fiscal Services 23,84.54 -- -- 23,84.54 Collection of Taxes on Income and Expenditure 0.32 -- -- 0.32 Land Revenue 3,78.69 -- -- 3,78.69 Stamps and Registration 3,44.09 -- -- 3,44.09 Collection of other Taxes on property and Capital Transactions State Excise 11,88.87 -- -- 11,88.87 Taxes on Sales, Trade etc. 1,29.32 -- -- 1,29.32 Taxes on Vehicles 49.80 -- -- 49.80 Other Taxes and Duties on Commodities and Services 2,91.58 -- -- 2,91.58 Other Fiscal Services 1.87 -- -- 1.87 Interest Payments 55,73.74 -- -- 55,73.74 A.3 Administrative Services 41,25.09 2,04.89 -- 43,29.98 Public Service Commission 14.90 -- -- 14.90 Secretariat-General Services 1,24.76 -- -- 1,24.76 District Administration 3,73.62 -- -- 3,73.62 Treasury and Accounts Administration 99.45 -- -- 99.45 Police 27,81.58 71.15 -- 28,52.73 Jails 1,87.08 -- -- 1,87.08 Stationery and Printing 41.37 -- -- 41.37 Public Works 3,12.19 1,25.68 -- 4,37.87 Other Administrative Services 1,90.14 8.06 -- 1,98.20 A.4 Pension and Miscellaneous General Services 49,59.43 -- 44.68 50,04.11 Pensions and Other Retirement Benefits 49,46.79 -- -- 49,46.79 Miscellaneous General Services 12.64 -- 44.68 57.32 Total-A-General Services 1,77,05.14 2,04.89 44.68 1,79,54.71

9 STATEMENT No.-4.contd. A. EXPENDITURE BY FUNCTION - contd. Description Revenue Capital L&A Total B Social Services B.1 Education, Sports, Art and Culture (a) 1,08,96.42 1,47.02 4.00 1,10,47.44 General Education 1,04,56.09 1,47.02 4.00 1,06,07.11 Technical Education 2,54.50 -- -- 2,54.50 Sports and Youth Services 85.34 -- -- 85.34 Art and Culture 1,00.49 -- -- 1,00.49 B.2 Health and Family Welfare 31,28.22 1,76.80 -- 33,05.02 Medical and Public Health 27,78.30 1,76.80 -- 29,55.10 Family Welfare 3,49.92 -- -- 3,49.92 B.3 Water Supply, Sanitation, Housing and Urban Development 27,41.49 8,27.31 1,16.88 36,85.68 Water Supply and Sanitation 7,41.82 7,09.30 -- 14,51.12 Housing 3,87.34 44.55 -- 4,31.89 Urban Development 16,12.33 73.46 1,16.88 18,02.67 B.4 Information and Broadcasting 1,49.26 -- -- 1,49.26 Information and Publicity 1,49.26 -- -- 1,49.26 B.5 Welfare of Scheduled Castes, Scheduled Tribes and Other Backward Classes 22,77.93 4,40.60 9.00 27,27.53 Welfare of Scheduled Castes, Scheduled Tribes and other Backward Classes 22,77.93 4,40.60 9.00 27,27.53 B.6 Labour and Labour Welfare 1,89.72 -- -- 1,89.72 Labour and Employment 1,89.72 -- -- 1,89.72 B.7 Social Welfare and Nutrition 49,01.76 8.46 -- 49,10.22 Social Security and Welfare 29,63.97 8.46 -- 29,72.43 Nutrition 11,85.58 -- -- 11,85.58 Relief on account of Natural Calamities 7,52.21 -- -- 7,52.21 B.8 Others 90.67 20.80 -- 1,11.47 Other Social Services 68.97 20.80 -- 89.77 Secretariat- Social Services 21.70 -- -- 21.70 Total-B-Social Services 2,43,75.47 16,20.99 1,29.88 2,61,26.34 C Economic Services C.1 Agriculture and Allied Activities 60,21.08 3,45.60 3,10.33 66,77.01 Crop Husbandry 12,61.46 2,43.00 -- 15,04.46 Soil and Water Conservation 56.71 0.25 -- 56.96 Animal Husbandry 6,10.46 3.30 -- 6,13.76 Dairy Development -- -- -- -- Fisheries 52.69 0.40 -- 53.09 Forestry and Wild Life 16,01.40 49.99 -- 16,51.39 Food, Storage and Warehousing 18,95.85 -- 1,08.97 20,04.82 Agricultural Research and Education 1,01.28 -- -- 1,01.28 Co-operation 4,41.23 48.66 2,01.36 6,91.25 Other Agricultural Programmes -- -- -- -- (a) Under Capital Outlay and Loans and Advances there is single Major Head for Education, Sports, Art and Culture.

10 A. EXPENDITURE BY FUNCTION - contd. STATEMENT No.-4.contd. Description Revenue Capital L&A Total C.2 Rural Development 37,40.28 14,51.76 -- 51,92.04 Special Programmes for Rural Development 4,71.18 -- -- 4,71.18 Rural Employment 2,86.26 -- -- 2,86.26 Other Rural Development Programmes 29,82.84 14,51.76 -- 44,34.60 C.3 Irrigation and Flood Control 7,20.12 42,68.95 -- 49,89.07 Major Irrigation 1,34.76 23,65.98 -- 25,00.74 Medium Irrigation 4,87.99 8,36.54 -- 13,24.53 Minor Irrigation 94.90 9,55.57 -- 10,50.47 Command Area Development 2.47 1,04.64 -- 1,07.11 Flood Control and Drainage -- 6.22 -- 6.22 C.4 Energy 27,99.61 12,26.49 45,57.27 85,83.37 Power 27,74.69 12,26.49 45,57.27 85,58.45 Non-Conventional Sources of Energy 24.92 -- -- 24.92 C.5 Industry and Minerals 20,60.57 2,13.47 3,36.08 26,10.12 Village and Small Industries 2,15.32 1,90.81 69.10 4,75.23 Industries 1,41.47 -- -- 1,41.47 Non-Ferrous Mining and Metallurgical Industries 17,03.78 3.76 -- 17,07.54 Consumer Industries -- -- 16.98 16.98 Other Industries -- 13.90 -- 13.90 Other Outlays on Industries and Minerals -- 5.00 -- 5.00 Petro-Chemical Industries -- -- 2,50.00 2,50.00 C.6 Transport 12,77.81 21,15.75 -- 33,93.56 Civil Aviation 2.32 41.10 -- 43.42 Roads and Bridges 12,75.49 20,74.65 -- 33,50.14 C.7 Science, Technology and Environment 63.33 29.00 -- 92.33 Other Scientific Research 63.33 29.00 -- 92.33 C.8 General Economic Services 1,40.55 89.99 -- 2,30.54 Secretariat- Economic Services 21.67 -- -- 21.67 Tourism 43.05 89.99 -- 1,33.04 Census, Survey and Statistics 63.34 -- -- 63.34 Other General Economic Services 12.49 -- -- 12.49 Total-C-Economic Services 1,68,23.35 97,41.01 52,03.68 3,17,68.04

11 A. EXPENDITURE BY FUNCTION - concld. STATEMENT No.-4.contd. Description Revenue Capital L&A Total D. Loans, Grants-in-aid and Contributions (i) Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 40,64.57 -- -- 40,64.57 Total-(i)-Compensation and Assignments to Local Bodies and Panchayati Raj Institutions 40,64.57 -- -- 40,64.57 (ii) Loans to Government Servants etc. Loans to Government Servants etc. -- -- 0.01 0.01 Total-(ii)-Loans to Government Servants etc. -- -- 0.01 0.01 (iii) Public Debt Internal Debt of the State Government -- -- 29,35.53 29,35.53 Loans and Advances from the Central Government -- -- 6,48.41 6,48.41 Total-(iii)-Public Debt -- -- 35,83.94 35,83.94 Total-D-Loans, Grants-in-aid and Contribution 40,64.57 -- 35,83.95 76,48.52 E. Inter State Settlement -- -- 7.02 7.02 F. Appropriation to Contingency Fund -- -- -- -- Total-Consolidated Fund Expenditure 6,29,68.53 1,15,66.89 89,69.21 8,35,04.63

12 STATEMENTNo.4.- concld. B. EXPENDITURE BY NATURE Sl. 2012-13 2011-12 Object of Expenditure No. Revenue Capital Total Revenue Capital Total 1. Grants-in-Aid 1,82,55.11 (A) (B) 81.30 1,83,36.41 1,60,43.18 (A) 1,00.83 1,61,44.01 2. Salary 1,49,94.85 2,07.45 (C) 1,52,02.30 (C) 1,31,34.63 2,05.76 1,33,40.39 3. Major Works 73.72 75,64.68 76,38.40 59.90 56,20.93 56,80.83 4. Payment of Interest/ Dividend 56,13.29 -- 56,13.29 53,28.71 -- 53,28.71 5. Pension and Pensionary benefits 48,47.29 -- 48,47.29 43,17.50 0.11 43,17.61 6. Subsidy 56,97.41 -- 56,97.41 33,10.15 (D) -- 33,10.15 7. Material and Supplies 28,53.13 35.07 28,88.20 25,47.93 18.80 25,66.73 8. Inter Account Transfer 23,24.17 -- 23,24.17 15,34.11 -- 15,34.11 9. Minor Works 1,54.49 13,30.26 14,84.75 1,40.65 12,83.03 14,23.68 10. Other Charges 7,51.68 3,33.66 10,85.34 6,26.74 4,40.51 10,67.25 11. Maintenance 14,67.52 7.06 14,74.58 10,00.10 7.67 10,07.77 12. Investment -- 16,61.94 16,61.94 -- 9,97.74 9,97.74 13. Stipend and Scholarship 11,24.26 -- 11,24.26 8,68.14 -- 8,68.14 14. Payment for Professional Services 9,21.46 15.37 9,36.83 8,12.87 14.92 8,27.79 15. Wages 7,76.74 46.64 8,23.38 7,30.96 41.79 7,72.75 16. Office Expenses 6,16.78 5.92 6,22.70 5,26.75 8.32 5,35.07 17. PAO M/o Works and Housing 3,77.39 -- 3,77.39 3,02.29 -- 3,02.29 18. Machinery 1,64.26 26.19 1,90.45 1,51.78 25.18 1,76.96 19. Purchase of Land and 13.67 2,42.91 2,56.58 3.61 1,42.74 1,46.35 Building 20. Contributions 1,33.97 48.59 1,82.56 1,10.38 31.30 1,41.68 21. Redemption Fund 1,22.42 -- 1,22.42 1,41.27 -- 1,41.27 22. Advertisement and Publicity 1,62.89 -- 1,62.89 1,21.76 -- 1,21.76 23. Travelling Allowance 1,14.51 10.15 1,24.66 1,05.04 4.63 1,09.67 24. Examination and Training 1,02.57 7.75 1,10.32 75.95 8.84 84.79 25. Payment of Taxes and Royalty 82.72 -- 82.72 79.34 -- 79.34 26. Dy. Director of A/cs P&T, 72.78 1.27 74.05 65.01 1.10 66.11 Bhopal 27. Purchase of Vehicles 25.53 0.30 25.83 32.43 28.22 60.65 28. Compensation 1,27.79 0.70 1,28.49 42.59 0.21 42.80 29. Survey, Investigation and 0.45 86.61 87.06 0.33 29.66 29.99 Design and Preparation of DPRs 30. Expenditure on printing of 28.03 -- 28.03 22.32 -- 22.32 Stamp Papers 31. Suspense 10.53 -- 10.53 6.81 0.01 6.82 32. Awards, Rewards, Prizes 20.24 -- 20.24 5.67 -- 5.67 33. Recoveries (-) 1,63.56 (-) 2,91.72 (-) 4,55.28 (-) 3,32.93 (-) 37.74 (-) 3,70.67 34. Others 11,00.44 1,44.79 12,45.23 7,77.74 80.60 8,58.34 Total 6,29,68.53 1,15,66.89 7,45,35.42 5,26,93.71 90,55.16 6,17,48.87 (A) (B) (C) (D) Includes total of object head 42 Grant-in-Aid and Major head 3604-Compensation and assignments to Local Bodies and PRIs but does not include Grant-in-Aid paid under Minor heads 191, 192, 193, 196, 197 and 198. Excludes figure of sub detail head 45-GIA to create to Capital assets. Hence does not match with the figure of Appendix-IV. This figure does not agree with Appendix-II as salary amount of ` 42.95 lakh (M.H.6075) not included in this figure. This figure does not tally with the figure of subsidy in Statement No.2 because subsidy in Statement No.2 has been taken from Appendix-III which has been confirmed by the State Government.

13 Notes to Accounts 1. Summary of significant accounting policies: (i) Entity and Accounting Period: These accounts present the transactions of the Government of Madhya Pradesh for the period 1 April 2012 to 31 March 2013. The accounts of receipts and expenditure of the Government of Madhya Pradesh have been compiled based on the initial accounts rendered by the District Treasuries, Public Works and Forest Divisions and advices of the Reserve Bank of India. Delays in monthly rendition were negligible, and no accounts have been excluded at the end of the year. (ii) Basis of Accounting: With the exception of some book adjustments (Annexure-A), the accounts represent the actual cash receipts and disbursements during the account period. Physical Assets and Financial Assets such as investments etc., are shown at historical cost i.e., the value at the year of acquisition/ purchase. Physical assets are not depreciated or amortized. Losses in physical assets at the end of their life have not been expensed or recognized. Retirement benefits disbursed during the accounts period have been reflected in the accounts but the future pension liability of the Government, i.e., the liability towards payment of retirement benefits for the past and the present service of its employees is not included in the accounts. (iii) Currency in which Accounts are kept: The accounts of Government of Madhya Pradesh are maintained in Indian Rupees. (iv) Form of Accounts: Under Article 150 of the Constitution, the accounts of the Union and of the States are kept in such form as the President may, on the advice of the Comptroller and Auditor General, prescribe. The word "form" used in Article 150 has a comprehensive meaning so as to include the prescription not only of the broad form in which the accounts are to be kept but also the basis for selecting appropriate heads under which the transactions are to be classified. (v) Revenue and Capital: Revenue expenditure is recurring in nature and is intended to be met from revenue receipts. Capital Expenditure is defined as expenditure incurred with the object of increasing concrete assets of a material and permanent character or of reducing permanent liabilities. Grants-in-Aid are to be classified as Revenue expenditure in the books of the grantor and as Revenue Receipts in the books of the recipient. (vi) Inclusion of Statements/information recommended by the Twelfth Finance Commission: To bring out greater transparency and to enable the informed decision making in Government accounts, the Twelfth Finance Commission had recommended inclusion of eight additional Statements/information in the Finance Accounts. All the additional information, except the statement on Committed Liabilities in the future, on which information from the State Government has not been received, have been incorporated in the Finance Accounts of 2012-13.

14 Notes to Accounts contd. 2. Quality of accounts: (i) Incorrect depiction of Revenue and Capital expenditure: During the year, the State Government incorrectly budgeted and incurred an amount of ` 73.72 crore towards Major Works under the Revenue section (Annexure B ). Consequently, the Revenue Surplus of the State Government for the financial year 2012-13 is understated to this extent. Similarly, the State Government made budget provision and classified Grants-in-Aid ` 81.30 crore under the Capital section (Annexure C ). Consequently, the Revenue Surplus of the State Government for the financial year 2012-13 stood overstated to this extent. The above had been reported by the Accountant General (A&E) to the State Government in the Budget Review of June 2012, but remained uncorrected. (ii) Booking under Minor Head 800- Other Receipts and Other Expenditure : Receipt of ` 1,49,44.51 crore under revenue head of accounts, constituting 21 per cent of the total revenue receipts (` 7,04,27.28 crore) recorded under the respective major heads, was classified under the Minor Head '800-Other Receipts' in the accounts. Similarly, Expenditure of ` 1,04,62.42 crore under Revenue and Capital major heads of accounts, constituting 14 per cent of the total expenditure (` 7,45,35.43 crore) recorded under the respective major heads, was classified under the minor head 800-other expenditure in the accounts. Minor Heads 800- Other Expenditure and Other Receipts are intended to be operated only when the appropriate minor head has not been provided in the accounts. Routine operation of Minor Heads 800 is to be discouraged, since it renders the accounts opaque. Instances where a substantial proportion (50 per cent or more) of the receipts/expenditure were classified under the Minor Head 800 Other receipts/expenditure are listed in Annexures D and E respectively. (iii) Reconciliation of Receipts and Expenditure: Para 24.9.3 of the Madhya Pradesh Budget Manual requires all Controlling Officers to reconcile the Receipts and Expenditure of the Government with the figures accounted for by the Accountant General. During the year, 81 out of the 104 Controlling Officers have reconciled an expenditure of ` 5,23,39.05 crore (65 per cent of the total expenditure ` 7,99,20.00 crore). Similarly, 81 out of the 104 Controlling Officers have reconciled receipts of ` 43,98.53 crore (6 per cent of total receipts ` 7,05,00.00 crore). Non reconciliation of receipts and expenditure affects the accuracy and completeness of accounts. (iv) Reconciliation of Cash Balance: There is a net difference of ` 17.43 crore (Dr.) as on 31March 2013 between the cash balance with the Reserve Bank of India (RBI) as worked out by the Accountant General and as reported by the RBI, which, after subsequent reconciliation, increased to ` 18.36 (Dr) crore (May 2013). The difference is mainly due to incorrect reporting of transactions by Agency Banks and Treasury Officers, and is under further reconciliation. (v) Unadjusted Abstract Contingency (AC) bills: Drawing and Disbursing Officers are authorized to draw sums of money by preparing Abstract Contingency (AC) bills by debiting Service Heads, for which they are required to present Detailed Contingency (DC) bills before

15 Notes to Accounts contd. the 25 th of the succeeding month. The State Government, has, by issue of orders dated 2 September 1999 banned drawal of AC bills by all departments, except the Sports and Youth Welfare Department, which is permitted to make such drawals only in respect of the National Cadet Corps (NCC). As of 31 March 2013, 673 DC bills amounting to ` 15.24 crore are outstanding. Prolonged non-submission of supporting DC bills render the expenditure under AC bills opaque. Details are given below:- DC Bills Outstanding DC AC Bills drawn Opening Balance Total received during Bills at the end of Year during the year the year the year No. Amount No. Amount No. Amount No. Amount No. Amount Upto 2010-1343 21.11 203 1.53 1546 22.64 207 1.21 1339 21.43 11 2011-12 1339 21.43 8 0.05 1347 21.48 477 1.98 870 19.50 2012-13 870 19.50 300 1.66 1170 21.16 497 5.92 673 15.24 (vi) Outstanding Utilization Certificates (UCs) against Grants-in-Aid sanctioned by the State Government: In the case of conditional grants a formal Utilization Certificate (UC) about the proper utilization of the grant from the administrative, technical and financial point of view is to be furnished to the Principal Accountant General (A&E) by the sanctioning authority on or before September 30 of the year following that to which the Grant is related as per rule 182 of Madhya Pradesh Financial Code. UCs outstanding beyond the specified periods indicate absence of assurance on utilisation of the grants for intended purposes. The status of outstanding UCs is mentioned below: Utilisation Certificate Utilisation Outstanding Certificate due UCs received Utilisation Opening Balance Total Year during the during the year Certificate at the current year end of the year No. Amount No. Amount No. Amount No. Amount No. Amount Upto 35761 17733.88 6933 8773.78 42694 26507.66 6544 8379.87 36150 18127.79 2010-11 2011-12 36150 18127.79 4551 15020.76 40701 33148.55 296 1730.83 40405 31417.72 2012-13 40405 31417.72 687 3708.83 41092 35126.55 2469 6885.64 38623 28240.91* (*Except where the sanction orders state otherwise, Utilisation Certificate in respect of grants disbursed during 2012-13 will be due on or before September 30 of 2013-14.) (vii) Transfer of Funds to Personal Deposit (PD) Accounts and Other Deposit Accounts: As per Rule 543 of the Madhya Pradesh Treasury Code, funds transferred by debiting the Consolidated Fund and crediting Personal Deposit accounts should be transferred to the Consolidated Fund before the close of financial year and if an eventuality so arises, the Personal Deposit accounts may be opened again in the next year. The position of PD Accounts as on 31.03.2013 is as under:

16 Notes to Accounts contd. PD accounts as on 1 April 2012 PD accounts opened during the year PD accounts closed during the year PD accounts as on 31 March 2013 Number Amount Number Amount Number Amount Number Amount 886 20,07.30 27 80.96 09 25.24 904* 20,63.02 * 236 PD accounts containing ` 42.30 crore have been inoperative for more than one year. 3. Other Items: (i) Liabilities on Retirement Benefits: During the year, ` 48,24.07 crore (7.66 per cent of total revenue expenditure) was incurred on Pension and Other Retirement benefits to State Government employees recruited on or before 31 December 2004. State Government employees recruited on or after 1 January 2005 are covered under the New Pension Scheme, which is a defined contributory pension scheme. In terms of the Scheme, the employee contributes 10 per cent of his basic pay and dearness allowance, which is matched by the State Government, and the entire amount is transferred to the designated fund manager through the National Securities Depository Limited (NSDL)/ Trustee Bank. The actual amount payable by employees and the matching State Government contribution has not been estimated. The State Government follows the method of budgeting and booking employees contributions in the New Pension Scheme under the Receipt Major Head 0071-Contributions and Recoveries towards Pension and Other Retirement Benefits. These contributions are subsequently transferred to the Fund by operating the minor head 900 Deduct Refunds under the same Major Head 0071. Since the Consolidated Fund is closed to Government at the end of the year, and no balances are carried forward, any shortfall in the remitting of the contributions to the Fund in any year are not available in the accounts of subsequent years. During 2012-13, against employees contribution of ` 1,13.86 crore, the State Government contributed ` 1,22.72 crore. Due to the accounting methodology followed by the State Government (mentioned above), it is not possible to assess whether the excess employer s contribution in 2012-13 was against the shortfalls in employer s contributions of earlier years, or whether there was any shortfall in employees contributions in earlier years. Out of the total contribution of ` 2,36.58 crore received into the Fund, the State Government transferred only ` 2,28.78 crore to NSDL/ Trustee Bank. Consequently, the Revenue Surplus of the State Government was overstated by ` 7.80 crore. Uncollected, unmatched and untransferred amounts, with accrued interest, represent outstanding liabilities under the Scheme. (ii) Book Adjustments: Certain transactions mentioned in Annexure-A appear as footnotes in various Statements of the Finance Accounts. These are in the nature of book adjustments and do not represent actual cash transaction.